2007 to 2008 Housing Data Comparison

Final sales information is available for housing sales in Dennis for Calendar Year 2008, and as you may have guessed, it is not a pretty picture.  Total sales were down by 15%, with a decrease in total sales value of 24%.  The average sales price was down 10%.

Sales numbers were down in all areas except for homes valued at over $1,000,000 or under $250,000.  The only sector to see an increase in value, albeit slight, was for the homes valued between $250,000 and $499,999 where there was a slight 1% increase in average home sales price.  However, this is probably more reflective of houses originally priced above $500,000 falling into this category.  The following charts illustrate the month by month changes.

total-housing-salestotal-sales-valueaverage-sales-pricepercent-change-in-salespercent-change-in-total-sales-valuepercent-change-in-average-sales-priceThe data in this analysis was extracted from the Cape Cod Times website which is linked to the Warren Groups data.


One thought on “2007 to 2008 Housing Data Comparison

  1. Pingback: Interesting Article In Business Week « Town of Dennis, MA Planning Department Weblog

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